The 13-F forms of companies continue to be sent to SEC and new new companies are entering crypto currencies. Ethereum $4,676.06 The situation is much brighter for. In the last 2 days, ETH ETFs have seen over $ 1.5 billion net. Moreover, many companies took action to get billions of dollars of ETH. Standard Chartered announced the level that ETH price will reach until 2028. So what reasons them Eth makes it so optimistic for?
Ethereum 2028 target
Analysts until 2028 due to corporate purchases and stablecoin growth Ether price He thinks it will reach $ 25,000. Standard Chartered has rapidly changed ideas after March estimation, which points to the structural decline. The British banking giant thinks that the end of this year is a reasonable target of $ 7,500.
- $ 12,000 in 2026
- $ 18,000 in 2027
- $ 25,000 for 2028 and 2029
The goals are ambitious, but the detail that should not escape attention is the fact that the bank has seriously revised the target of $ 4,000 for this year. Because ETH is already at only $ 200 and above $ 4,660.
Geoff Kendrick, the Bank’s Global Research President, said;
“EthWe are raising our price estimates due to significant improvement performance in recent months. ”
Ethereum Treasury Companies
The biggest event that caused the estimates to be revised Eth Treasury companies tend to accumulate assets. The company, which has purchased 3.8 %of all ETH in circulation since June, will purchase tens of billions of dollars.
The reserves are expected to exceed 70 billion dollars with the figures that have been taken from June to the present day and have been targeted in the short term. The accumulation of 70 billion dollars in months is incredibly.
For Stablecoins Genius It was a big turning point. Almost all of the large stablecoins are on the Ethereum network and 40 %of the network’s revenues come from here. While the US stablecoins support, large banks are also engaged in this business, and the Stablecoin size of exceeding $ 270 billion increases exponentially, while the ETH price will benefit more than that.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
